Bearish flow noted in Zillow (Z) with 3,740 puts trading, or 2x expected. Most active are Feb-25 76 puts and Feb-25 78 calls, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 3.56, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 7th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on Z:
- Optimistic Buy Recommendation for Zillow Group Class C Driven by Strong Revenue Growth and Positive Financial Outlook
- Zillow Group price target raised to $80 from $75 at Susquehanna
- Zillow Group Class A: Hold Rating Amid Conservative Guidance and Market Challenges
- Zillow Group price target raised to $98 from $95 at Cit
- Zillow Faces ESG Risks: Potential Impacts on Reputation and Performance
Questions or Comments about the article? Write to editor@tipranks.com